2.4 C
Hamburg
Sunday, January 26, 2025
Home News ONE and Portchain ink deal to drive sustainability

ONE and Portchain ink deal to drive sustainability

In the fall of 2023, Ocean Network Express (ONE) partnered with Portchain to focus efforts on enhancing collaboration with container terminals through the innovative Portchain Connect platform.

This partnership envisages a reduction in the time for terminals and ONE to reach digital handshakes on berth changes, presenting a mutual opportunity for both parties to optimize their operational resources.

The ocean carrier experienced tangible benefits in the form of enhanced vessel speed management, resulting in a reduction in emissions and fuel consumption.

By coordinating port calls digitally with trustworthy, accurate, and timely information, vessels can berth Just-In-Time. Currently, most port calls globally are coordinated manually and unstructured based on phone calls, messaging apps, emails, and spreadsheets. This leads to a perpetual game of catch-up where everyone is chasing information, leading to inefficient operational planning, such as vessels traveling at high speed to wait outside a port because their slot was delayed and not aligned.

The potential of Just-In-Time is widely acknowledged in the industry, and the International Maritime Organization (IMO) estimates a 6% fuel and CO2 reduction just from coordinating only 24 hours before arrival and up to 14% savings if coordinated port-to-ort. To put this into perspective, if all container vessels coordinated Just-In-Time port-to-port, it could save up to 19 Million Metric Tons of CO2 emissions – equivalent to the annual emissions of 4 million people.

Portchain’s solution connects carriers and terminals operationally, linking systems and providing data augmentation to highlight gaps in data to improve data accuracy for better decision-making. Today, over 4% of global port calls are coordinated through Portchain, serving container terminals and carriers across all continents.

ONE chose to digitalize its berth alignment process and has seen positive adoption with mutual benefits at the trial terminals. Remaining faithful to ONE’s focus on operational excellence in its processes and remaining at the forefront of innovation through a drive towards digitalization, ONE will continue to roll out the benefits of Portchain Connect in 2024 across its network.





Latest Posts

DP World multi-currency stablecoin for global trade settlement

DP World is partnering with financial institutions and technology providers worldwide to tackle persistent inefficiencies in cross-border payment systems. Businesses in emerging markets such as...

Japan-US container trade grows in 2024

Container movements from Japan to the United States reached a total of 643,433 TEUs in 2024, marking a 5.7% increase compared to the previous...

Strategic and Geopolitical Implications of Taiwan Strait: Comparative Analysis of G7 and BRICS Dependencies

The Taiwan Strait serves as a crucial maritime corridor, linking major East Asian economies with the global market. This route's strategic value is highlighted by...

Container Shipping Stocks: Weekly Performance Overview

Container shipping has long been a critical pillar of global trade, facilitating the transport of goods across continents and powering economies. In the past...

Marfret receives 300 new reefer containers

Marfret has recently purchased 300 new refrigerated containers, which will primarily support exporters from Latin America in shipping tropical fruits, particularly those harvested in...
error: Content is protected !!